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Thursday, 02/20/2003 8:54:20 AM

Thursday, February 20, 2003 8:54:20 AM

Post# of 72830
NBEU News ...!!

Press ReleaseSource: National Beauty Corp
National Beauty Corp Begins Development in Las Vegas, Nevada
Thursday February 20, 8:31 am ET
FT. LAUDERDALE, Fla., Feb. 20 /PRNewswire-FirstCall/-- National Beauty Corp (OTC Bulletin Board: NBEU - News) Management announced today, that the company has begun development of HAIRMAX (TM), a value based haircutting store, being developed by Hairmax of Nevada Inc., the wholly owned subsidiary of National Beauty Corp. The new store represents the first of 10 expected locations for HAIRMAX in Clark County, Nevada. The first location will be located at the Sahara Pavillion South, a popular shopping location, that includes Office Max, Sports Authority, General Nutrition Centers, as well as other National retailers. The company further announced the are exploring the possibility of opening the first, 24 hour-7 day a week, haircut salon on the famous Las Vegas Strip, the company is presently in discussion with other shopping center developers, for additional HAIR MAX stores. The first Hairmax location in Las Vegas, Nevada, is expected to open in Spring 2003.
ABOUT HAIRMAX CORPORATION: Hairmax of Nevada Inc. and Hairmax of Florida Inc, are subsidiaries of National Beauty Corporation. The companies are in process of developing and building HAIRMAX concept, a provider of haircare services, offered to the public at discounted prices, in addition the company distributes the Hairmax brand of haircare products, sold exclusively at HAIRMAX locations in Florida and Nevada.
Edward A. Roth
President
(954) 717-8680x105



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